Aerospace & Air Transport

Latest

Mitsubishi Aircraft Triggers M90 Management Shakeup

Chief development officer Alex Bellamy will leave Mitsubishi Aircraft as the company names a new chief engineer for the M90.

UK Airlines Launch Legal Challenge to Quarantine Rules

British Airways, EasyJet and Ryanair asked a court to rule on their objections to a 14-day quarantine requirement for most travelers arriving in the UK.

Regulations and Government

Spirit Aero to Pause Boeing Max Fuselage Production

Boeing sent a letter to fuselage supplier Spirit Aerosystems asking it to delay production of twenty 737 Max shipsets.

EC Calls for Limited Opening of External European Union Border

The European Commission recommended that Schengen-area states coordinate lifting of restrictions on countries from outside the region on health grounds.

Regulations and Government

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Finnair to Raise €500 Million with New Share Offering

The European Commission on June 9 approved Finland’s participation in its flag carrier’s share offering.

Cranfield Research Points to a Smaller Air Transport Industry

A recently released study by Cranfield University shed light on expectations for the future of air transport.

France Unveils €15 Billion Aid Package For Aviation Industry

Government funding includes existing support for Air France, plus a further €8 billion for various aspects of the aerospace sector.

Finance, Taxes, Insurance

Hong Kong Throws Lifeline to Cathay Pacific

Cathay Pacific Group will issue ownership warrants to the Hong Kong government as part of a $5 billion recapitalization effort.

IATA Sees Airline Losses Continuing in 2021

The International Air Transport Association projects historically steep losses of $84.3 billion this year to decline to $15.8 billion in 2021.

IndiGo Ventures into Air Charter

India’s largest low-cost carrier Indigo has now started offering aircraft charter under IndiGo Charter Services to boost revenue.

Charter & Fractional

Emirates Starts Pilot, Cabin Crew Layoffs

Dubai’s Emirates Airline said it “deeply regrets” workforce cuts.

British Airways Challenges UK Government Over Quarantine

British Airways is suing the UK government after refusing to participate in a meeting with the UK Home Secretary to discuss new quarantine rules.

U.S. Reciprocates on China’s Flight Ban Concession

The U.S. Department of Transportation will allow Chinese carriers to fly as many as two round trips a week between the two countries.

EASA’s Covid Charter Draws First Signatories

Three airlines and seven airports have agreed to help implement health measures recommended by EASA’s new health protocol.

UAE Lifts Flight Restrictions on Etihad, Emirates

Etihad will begin service to 20 cities on June 10 from Abu Dhabi while Emirates launches flights to 16 key destinations on June 15.

China Changes Course on Flight Approval Formula

A move to allow more foreign carriers to resume service to China comes a day after the U.S. ordered a ban on passenger flights by Chinese airlines.

Chinese Carriers To Face U.S. Flight Ban

A U.S. Department of Transportation order barring Chinese carriers from entry into the U.S. takes effect on June 16.

UK Ignores Industry Pleas and Confirms Quarantine Rules

Almost all travelers arriving in the UK from June 8 will be required to register for a 14-day quarantine at a fixed address.

Regulations and Government

IATA Sees ‘Green Shoots’ of Recovery

Airlines registered a 30-percent increase in total flights from April 21 to May 27.

UK Government Refuses To Act on Layoffs after Airline Bailouts

UK aviation minister says government cannot act to stop layoffs at BA and EasyJet and will not extend further support to the country's aviation industry.

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